DuPont 2011 Annual Report Download - page 34

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Table of Contents
Part II
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS, continued
Off-Balance Sheet Arrangements
Certain Guarantee Contracts
Information with respect to the company's guarantees is included in Note 15 to the Consolidated Financial Statements. Historically, the company has not had
to make significant payments to satisfy guarantee obligations; however, the company believes it has the financial resources to satisfy these guarantees.
Contractual Obligations
Information related to the company's significant contractual obligations is summarized in the following table:
Payments Due In
(Dollars in millions) Total at
December 31,
2011
2012 2013 –
2014 2015 –
2016 2017 and
beyond
Long-term debt obligations 1$ 12,123 $ 410 $ 2,914 $ 3,059 $ 5,740
Expected cumulative cash requirements for
interest payments through maturity 3,731 481 793 642 1,815
Capital leases 125 2 6 6 11
Operating leases 1,247 293 445 279 230
Purchase obligations2
Information technology infrastructure &
services 107 42 61 3 1
Raw material obligations 422 248 112 44 18
Utility obligations 182 54 60 20 48
INVISTA-related obligations31,409 116 329 328 636
Human resource services 37 37 — — —
Other 82 50 23 8 1
Total purchase obligations 2,239 547 585 403 704
Other liabilities1,4
Workers' compensation 83 13 37 15 18
Asset retirement obligations 59 1 20 4 34
Environmental remediation 416 100 160 53 103
Legal settlements 143 130 5 4 4
License agreements5706 155 308 243 —
Other 6197 68 37 28 64
Total other long-term liabilities 1,604 467 567 347 223
Total contractual obligations7$ 20,969 $ 2,200 $ 5,310 $ 4,736 $ 8,723
1. Included in the Consolidated Financial Statements.
2. Represents enforceable and legally binding agreements in excess of $1 million to purchase goods or services that specify fixed or minimum quantities; fixed, minimum or variable price
provisions; and the approximate timing of the agreement.
3. Primarily represents raw material supply obligations.
4. Pension and other long-term employee benefit obligations have been excluded from the table as they are discussed below within Long-term Employee Benefits.
5. Primarily represents remaining expected payments under Pioneer license agreements.
6. Primarily represents employee-related benefits other than pensions and other long-term employee benefits.
7. Due to uncertainty regarding the completion of tax audits and possible outcomes, the estimate of obligations related to unrecognized tax benefits cannot be made. See Note 5 to the
Consolidated Financial Statements for additional detail.
The company expects to meet its contractual obligations through its normal sources of liquidity and believes it has the financial resources to satisfy these
contractual obligations.
31